Are Short Sales the new norm in Pensacola, Pace and Gulf Breeze?
AccordinAre Short Sales the new norm in Pensacola, Pace and Gulf Breeze? g to a year-end report released last week by Irvine, Calif.-based RealtyTrac, about 22 percent of sales statewide in 2011 were of homes in foreclosure or short sale. The report measured all deed transactions, not just Realtor sales, said company spokesman Daren Blomquist.
Distressed sales are up, but experts are more intrigued with the way they've shifted from REOs to short sales. Read more.
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